Advantages of a Financial Wellness Benefit

financial-wellness-benefitsHaving control of personal finances reduces stress and improves the quality of life for many people. In addition, it helps make employees more productive since they do not have to worry as much about their debt or other money problems. Sensible employers are taking a closer look at financial wellness as a benefit for their employees. It is a service that everybody in an organization deeply appreciates.

It Does More Than Enhance Productivity

Financial wellness benefits organizations in more ways than getting more out of employees. Stress and anxiety can lead to depression and increased use of sick leave. Helping hard-working associates with their finances improves their peace of mind and contributes to their physical and mental health. In addition, it benefits an organization with reduced sick leave and a more affordable health insurance claims experience.

 

Components of a Good Benefit 

This type of employee benefit must be crafted so that all members of the organization can use it. In addition, it means addressing the concerns of various demographics. For example:

  • College debt is something young employees are concerned about. The help they receive in managing that obligation allows them to concentrate more closely on business objectives.
  • Older employees worry about their medical bills. Even a good health insurance plan has deductibles and copayments that can harm a person’s finances. To better meet medical expenses, financial wellness assistance means a lot to senior associates.
  • Employees with young families might look forward to buying a house but do not know how to do it. If there is advice and guidance on how to purchase that first home, it lets these hard-working people realize cherished life goals.
  • Everybody gets concerned about credit card debt and the ability to structure a personal budget. A counseling session with a professional enables any employee to get a better handle on credit cards and develop a way of daily managing their money.

 

Countrywide Pre-Paid Legal Services has a financial wellness benefit that seeks to assist people in managing their money affairs. What we provide is something every employee can use.

 

Based on Professionals 

The Countrywide benefit makes use of a nationwide network of certified counselors. These experts work with ordinary people to give them a better understanding of personal finances. Suggestions on how to trim credit card debt, develop a workable personal budget, and meet ordinary and extraordinary bills are part of the service. Countrywide also has programs for first-time homebuyers and those who, sadly, are in a very serious financial crisis.

 

Our counselors are recruited for emotional intelligence. They must have the courtesy and empathy necessary for people to feel comfortable discussing their financial challenges. Our counselors are good listeners, and they are not stern preachers. It is all about helping regular individuals do a better job of managing their cash and creating financial wellness.

 

The client is directly involved with drafting their benefit. Countrywide will ask decision-makers to look at services we can give. If they have questions, we answer them entirely and demonstrate how Countrywide can make a positive difference. Management then decides what services will be in their organization’s plan. Countrywide provides member services and the administration of the benefit. Additionally, we maintain a transparent relationship with all our clients. Countrywide addresses all concerns as quickly as possible.

 

An employee feels empowered when they are in charge of their finances. They have a better frame of mind and appreciate what their managers are doing for them. Financial wellness, without a doubt, is one of the best employee benefits any organization can offer. Countrywide happens to have one of the best in the industry.

 

Would you like to know more about what we can do for you? We certainly hope you have some questions for us! Please feel free to contact us at your earliest convenience. We offer a service that your employees will be glad you offer them.